Export from Kazakhstan to the United States increased by 77.2% in 7 months
The President of Kazakhstan arrived on a working visit to New York to attend the 77th session of the UN General Assembly.
🔄The trade turnover between Kazakhstan and the United States in January-July 2022 amounted to $1.5 billion, which is 36.6% higher than in the same period of the previous year ($1.1 billion).
⬅️ Exports from Kazakhstan to the United States in January-July 2022 increased by 77.2% and amounted to $769.2 million.
The growth in exports to the United States is justified by an increase in the supply of such goods as crude oil - by 98.1% or $228 million (from $232.5 to $460.6 million), ferroalloys - an increase of 2.3 times or $117.5 million ( from $88.2 to $205.8 million).
🚛The main exports from Kazakhstan to the USA: crude oil - $460.6 million (with a share of 59.9%), ferroalloys - $205.8 million (26.7%), sulfur, except sublimated, precipitated or colloidal sulfur - $21 million (2.7%), hydrogen, inert gases and other non-metals - $16.7 million (2.2%), pipes, tubes and seamless profiles from ferrous metals - $14 million (1.8%), tantalum and products from it — $13 million (1.7%).
➡️ Imports to Kazakhstan from the United States in January-July 2022 increased by 11.4% and amounted to $778.3 million.
📈Growth in imports from the United States is justified by an increase in the import of such goods as air or vacuum pumps, compressors and fans - an increase of 5.9 times or 30.5 million (from $6.3 to $36.8 million), medicines packaged for retail sales - by 83.6% or $17.8 million (from $21.3 to $39.0 million), trucks - an increase of 2.9 times or $16.7 million (from $8.8 to $25.5 million), vaccines, blood serum, blood - by 53.8% or $13.4 million (from $24.9 to $38.3 million), piston internal combustion engines - an increase of 2.3 times or $12.4 million (from $9.8 to $22.2 million), parts of the rolling stock - an increase of 2.7 times or $12.2 million (from $7.1 to $19.3 million), poultry meat and edible offal - by 26.2% or by $8.7 million (from $33.2 to $41.9 million).
The main imports to Kazakhstan from the USA: passenger cars - $70.1 million (with a share of 9%), poultry meat and edible by-products - $41.9 million (5.4%), medicines packaged for retail sale - $39 million (5%), vaccines, blood sera, blood - $38.3 million (4.9%), air or vacuum pumps, compressors and fans - $36.8 million (4.7%), trucks - $25.5 million (3.3%), piston internal combustion engines - $22.2 million (2.9%), turbojet and turboprop engines, other gas turbines - $22.1 million (2.8%).
According to the Institute of Economic Research of the Ministry of National Economy of the Republic of Kazakhstan